Chicago Daily Tribune Newspaper, September 24, 1875, Page 1

= nx e, by ion ars her a 1 1 VOLUME 29. 76 OLARK-ST., CHICAGO. INVESTMENT CERTIFICATES, Perfect Seonrity—Literal Iuterest FADLE of Increnss of *Investment Certifie \caten,? aecareil on bmpraved renl eatnte, b 4o Intereat, payablo In quarterly toatall \ments, nt the rate of 73-10 per cent perans \nom, Bhowing the accamulntion of ums Ine |vented for thia benerit of Childron or othernt The Largest and Best Furnished House in the World! ROOMS, WITH BOARD, From $38 to $5, ACCOBDING TO LOCATION. ot Tk Acchimiliha, intlated. "hi0 | ENTIRELY FIRE-PROOF! an2.3) 5 710.10 Prop, Totela {n Chicago, partictlarly 1,74D.83 Tflm‘nh . ‘Mlflflr‘?‘f\‘:.h:(lllfln!:h advertiaing thelr o 2,161.00 teln sn practically Ore-proof, and yet. paylag 2§ per 14420.10 | eont for nsaranc o e 3,409.70 | aving erected & Tire-Proof otel, 8 432,10 | coot of fonstrucion of over half a willion of dolinse, anwilling any Hotel fn Chicagn shosld heceby cliallenge sny of you to the following trial after Qlio eloaing of the Lxposition, Tle Chief Proprietor of iy Hotet 1oay bring on e beck all the Kindling ho Sa carry fo any chazibor [n the Palmer 110Uzo proper (ot Inciudiog the Wabash ovonus oxtenrion), In which {baraber the furniturs, carpota, curtains, and mirrors 1o 40 romain of thoy Row are, A fira may then b built in the middle of the room, after which the dnor aball bo kapt closed for_one hour. II, at the expirs- fion of that time, tho Ore hsa ot apread Leyoud the Tootn, (e propriotar ot (he oppostiig Hotel ia to pay Tor Lo damage by fira snd smoko to o furnitire, ote; but if the ire cstends beyond the limita of tle rooin, thero will not be any charge for the damage, Bit 1 'wil pay o proproias fvo thosand dolars, or condition, however, that T Layes liko privilege aftor. ward, on iho asimno dsy, of carrying a like load of kind. Jing (o ahy chamber of the opposing Hotel, and, If 1 do hot reduce it to aalien in ono hous, 1 will pay the Prapristors of the Hotal all damago to tho furaiturs £0d 1oom, and twenty thoussnd doliara besides, "Deporits of the money to bo mado in any Daiik that may be agresd upon. "This challoage mty bo scsented. enticn ot staply ta {0 the fire-pracf quality of the Palmer [(ouse. s TOTTER PALMER, GARDNER HOUSE, CEHICAGO. TLocated corner MICHIGAN-AV. and JACKSON-ST., fronting on Lake Park, with fine viow of Lakeo Michigan, opposite the Groat Expo- .gatimated vpon fhe baals that intarest, when due, Is eredltad on savings aconunt, avd Invonied In INVKAT- MENT ORRTINICATKS whonovor $100 ts thus accumu- tod. B ke bolder ot a Cortifcate hus e ristiogn of sxamine <@ the condition of tho tras. at any tmo un calling at b oow of tha Trusteo, \ Gestificatos forwardod, snd tnterast, whon dus, eian. veated, if derired, or remitted by dralt or ozpress to say partof he Unltod Statos. Addse: . SYDNEY MYERB. Manager. Preston, Kean & Co.; BANKERS, SOUTH BIDH, | WEST BIDE, 10 100 WASHINOTON-ST, | Cor, Viash. and Halsted-sis, BANRKING DEPARTIENT.~Wo roceivo e dccounts of Danks, Hankers, Mercuants, Oorpors- tons, end Tndividuals: Discount Dusincas F'aper pay- abls in thin city and ofher central polnts; advance on Bpproved Collateral ; and iesuo Cortlficatos of Deposits GOLD AND FOREIGN EXOHANGE,— oy and soil Gold and Jold Excusnge, Bills of Ex- change on Europe, furnish Letters of Credit sud Cash ‘Truefers. INVESTMENT SECURITIES,—Alro huy and self Governments, Town, Counts, Cily, Stale, sud Behool Bonda, snd ottier ret-clase scduritics, CHICAGO MORTGAGE LOANS, At current rates of interest. J. E. REED, Now York, sition Buildings, noar all tho Rail- JOFIN HL. AVERY &CO-, | rond Dopots, and placos of amuso- ment; tho finest location in Chicago. ‘Pricos--§3.00, $3.50, and $4.00 per day. C. H. GAUBERT, Propriotor. SHERMANHOUSE CEICAGO. Pricen Boducod to 63, $3.60 and $450 per Day, The most Elegaut Hotel in the city. 800 Buperb Tooms, magnifcently furnisbed and provided with baths ; entirely Airo-proof. Location in' business cen- Nes. 34 and 36 Fast \:’n;lxlgmnhnt. 2 Opp, Pleld, Leitor & Co.'s Tietai Dry Goods Store, s P Pifoinis D 1, ¥irkin Wholesale Miliinary Sioge, GEO, 8, FALMER (iate of City Holel), Olerk. 0. BANDS, Proprictor. $2.00 per Day. ‘Tho beat house for $3 por day In the country. First-class. lnclllll.c;t l‘:fl"l'lnlll':l’lllllldlll negotintions H C WILLIAMS & CO, BANKERS, ALL-ST,, NEW_YORK, buy and soli Chicago O rayae, 8r Tae shd nfmfamn municipal bonds, Inveatment socurltion constantly on band, Wanted—Burlington, Cedar T, nnd Minn, tirsk. Wanted—Oblcago, Danville & Vincennss firat. ‘Wanted—Northern Yacific 7310 first, - “Tpeo and ofber rallway socurities not repuiarly quoted tmade s apecialty, Ordern for ntocka snd otlier ‘Seourities recelvo parsonal attankion st tho Now York Block Psshange. Good doposit sccounts recatvod. HENRY 8.KING & CO. BANKERS, LONDON, ENGLAND, Ope CUBRENT ACCOUNTS with Bankars and Mer chanta froo of Commimion, INTEREST on Monthly Balenscs, ‘TOLLICTIONS op ail points. Fow Yore Agents—blesars, D, X, Jesup, Taton & Oo, Liverpool Houso—Meaars, King, Lalllio & Co. $12,00 Dhofea 10 per cont Nlincls Bchool Sonds for sals by the CITIZENS' BANK, 163 Madison-at. INDUSTRIAL EXPOSITIO! ALL READY! THE INTER-STATE [ndustrial Exposition . OF CEHICAGO, °* th #18 Grand Array of the most intoresting Opjocts, Couplately Puu“'fflx al Departments, ¥ill e opea to the public from 8 s.m. (010 p, m, T s Buve.pooh i s sromounelag It o n a modal collootion of tho products of Yue Studio, The Workshop, The Museum, The Qrchard, The Garden, aud The Field. It ls emphatl [} - W 1t cmtaticaly o trumgh of which 153 North Every Arrangement for the Oomfort of Vis- dtors will be found in the Building. Al Ballwey and Transportation Lines givo rednced fuies Blactag s GREAT OPPORTUNITY withis tho Dot fail to vinit d BSafal to iatthte Maguitcent Bxbibition sn PRICES OF ADMISSION: Commutation Tickots, 0fteen singlo sdmiasions, 0 CROCKERY ,OHINA, &o. At Cost! O0UR ENTIRE RETALL STOCK, COMPOSED OF DECORATED AND PLAIN CHINA, Dinner and Tea Sets, Bilver-Plated Wars, Chamber Bets, Table Cutlery, snd Yases, Glassware, Fancy Goods, POSBITIVELY AT COST UNTIL CLOSED OUT, fn- cluding Stiow Casca and Tables. Buccessors Lo DOWEN & RENT, 202 & 264 Wobash-ov. Will continua our Wholesale Business aa ususl. HOUSEHOLD GOODS. EXPOSITION VISITORS Aro tnvited to examine priccs and quality of $10,000 ‘worih of new and HANDSOME IOUSEHOLD FURNITURE, Dedding, O , and Office Purnituro a4 private Balo this day, at 40 por cond less than , manufscturers’ prices, Also, be prosent to-morrow, BATURDAY, st W & %, at our extenaiva Auction Sals of HOUSEHOLD EHI‘INXTDI:.B&‘.” Oarpetiog, ding, etc, Orockery anil WATS, Bllver and Plsted Ware, 80 Bloves of sll kinds, DBauk- rupt stock of Dry Goods, and a large variety of other goods, ll to bo sold withiout resorve. For Adul s & DINGEE & CO., Auctioneers, Mmfla"fium.fi'&'}"fn‘ff"f.‘:fi" rasines NG 50 and & Fast Mandolph-at, : He TO RENT. . 250 ery . 18 A Bplendla Orchicetra of thisty plocos cons! EHIM their choiceat selactions, nu’_ ... OOEAN NAVIGATION, National Line of Bteamships, ‘(RW Y:;RK TO QUEENSTOWN AND LIVERIOOL. [ o e 0 OFFICHS TO RENT TN 4840 cons EAN&E‘ 3 1N THR Cubin U% & turn tek. B, et T TRIBUNE BUILDH\]G lfl-i'.‘;mr;&vilm:m Randsiph aia, {oppeaiie new i UNLY DIRECT LINE TO FRANCE. — s G S e Lavorita raute for the Uontlasnt {Loiug e G plE, from Flar No. B Noris W” I IAM C DO ‘N £ e e S e ) i ran! PRATOR e b OF BASEAGH "IN oy asar, B bl i wad .miim".’-fli'f 1 st et ) uul.; 374 dbicd, $10, Raturn takes ot redun Hudlog 411 nicosentios WIhout stirs Sharen s o Basked thu >0 Ter earyy sia . CEONG R MACKNEIE, bear, Y. Great Westorn Steamship Line, Frow New Yark to Briatol (Hoglend) diroot, AHRAGON, Bpumons, f:cu.m Pusss 81 A e ROOM 10. GROCERIES, &o. TEAS. ST 3 T itand. Japan, pet I, 60, GGo--Blandard. .. Ocloog, Kll b, 40, 80, 0o—8tandard. ... . m&,‘:"fid"”'&'flfi“ 0, 800—Btandard 5 dard Ginaaress favar, Benk 0. O. D o Al peris of 1 Uotied Blsio: HIOEKSON, 167 Sauth Clark-st. ey By Acvat oo, DENTISTRY, Wi s, 727 4y $20 and $30 when you can geb the beat —— :fl’:fi? s DR, MoONESNEY'S l|ug #, The et COAL. R foah ablonabls resor La the ely. Coraer Ulark COAT, Can supply ety or counicy with old brand. LACKAWANNA COAL Iy ton, car-toad, or cargo, Auy Hime wauted. Blase. burg, Efio, Driar {13}, and Cannel Cosi on hand. ‘Ollom—:0) Bask dladlson’sty ) : 11 ot Itr:.dk lsoo'st, closs to bridge! 124 » 'OLLEOTION AGENQY. DIC. Thoms who nteud placing thalr claizas will Aind thia il esaca » good Yo briae ot scevuanpy a every fucilily loouluy to Masir e, Saraaoar, Ho LOATaTS 1ok Rig, 124 20 chiaryos unleas collsoted: -of.; 800 Lawberst,; west end Bigh. LEN'S COLLECTION AGENOY, EoTION e “““""‘”"“"""“"‘"""""'fl‘fi%““‘*'. KENT & KEITH, WATOHES, JEWELRY, &c, WATCHES! CHAINS! The targest and finest stock of Watches, Chains, Diamonds, Jew- elry, and Silver and Pla- ted Ware, in the West, and at the lowest prices, is at N.Matson& Co.'s CHICAGO, FRIDAY, SEPTEMBER 24, 1875. State and Monroe-sts., Opposite Palmor Houss, CLOTHING, Men's, Youtks”, Boys, and Chilfre’s CLOTHING, 'OR FALL AND WINTER WEAR ULSTERS FOR MEN, ULSTERS FOR BOYS, ULSTERS FOR CHILDREN, Ovorcoats * cut long™ made up in all vario- tios of goods. 8tock of Pall Qvercoats and Bults very com. plote, comprising all the late styles and pat~ torns. Cassimero Pantsas good asoustom ; assort- moent very largo. PUTIN.AM ONE-FRICE CLOTHING HODSE, 131 and 133 Clark-st., And 117 Madison-st. PRINTS, GREAT JOB IN PRINTS! FIELD, LEITER & G0, MADISON & MARKET-STS,, Will offer T0-DAY, 500 Cases “Garner and Amoskeay. Prints” AT FOLLOWING PRICES Amoslkeag Fancies, ~ - - 5 1-4c Garner’s Medium Fancies, - Ge Garner Shirtings,- - - - 6 1-d¢ MILLINERY. Millinery. E. J. HOPSON & €0, FIRST-CLASS MILLINERT. 64 WASHINGTON-ST., WEAR STATE. SPENCER GUNS. Spencer == Guns ! ‘Warranted closs shaoters or no sala, Bend for Ne Prices at bottam. ARTISTIC TAILORING. LADIES’ JACKETS, EXTRA STYLISE, VERY DURABLE AND PERFECT-FITTING, MADK A S8PECIALTY BY ELY & CO., Artistic Tailors, WADBAKII-AV,, COR, MIONROE-ST. ESTADLIRMED 1854, STOVES AND FURNAGES. OUSHIDNG'S TUBULAR oy, Grate, and Foruae, ‘This discovory gives mors hfl' llmlm s given ::oun; of fusl, {n open grates an: Fruakila sioves, | toves, We have_thirtoen sizes of furnacy atovea, than closa o8, Cani warm the largest church of smslleat cottago, We eapecially ‘recommiend them for soft coal, Call and 808, or send for ciroulas., OUB] IIING, WARREN & CO. No. 28 Laka-st, MISOELLANEOUS. THE DAILY SUN Bupplied by Local Newsdealers L residents of Chicago ‘o aeruval f faat mail train from New York, dus hare 16:58 8, m,, on and aftar Geptember 16, Bubecr) on by Mail, direct from office, 86 cuata & month, of $4.40 & year, Goat paid. 3. W, ENGLAND, Publisher, Now York, POOLS, ON THE CHICAGOS vs. PHILADELPHIAS, old a4 FOLEY'S, 140 Clark-at., THIS EVENING st 8 o’clook, and BATUR. DAY MORN ING at 11 o’olook, INSURANGE. Nccond Day’s Yession of the Northwestern AsSos ciation, Report of the Committee on Building Laws--Adjust- ers, Etc. Businesy Done in the Northwest Dur- ing tie Last Three Years. Address by Mr. Hines—-Inspecting the Fire Patrol--Form of Polioy, Mr. Clarke on Pablic Opinion Regarding Tosurance Companies, Causes of Conflagrations.-- Court Decisions. Yesterdny's Proccedings in the New York Conventiou. 1IN CHICAGO. MORNING SESSION. REFONT ON NUTLDING LAWS, ‘Tho Underwriters® Association of the North- wont veconvonod somtordsy morning st tho Palmer Houso. Tho first thing in order was the raport of the Conguitteo on Luiding Lawe, which was deliv- orod aa follows : Your Commitsee, to whom twss referrad the subect of Building Laws, beg leavn respectfully to report : Tlat owing (0 ot vacipected duly Laviug devolved upon one of their number, and unnsusl duties upon ully thoy bave been, for {he most part, widely sopa rated lnce our last sanual mecting ; honce had little tlme or opportunity for comultation or preparation, Therofore, what they mey have 10 say ipon this sub: Joct will, niccomsardly, be _brief, and cansist mainly of Taclp gathered from reliablo sonrcen, AF the last annual weeting of tho National Bosrd of Tire Undorwriters, a imilar commitiee of thst body yrosented o very claborato snd ?‘nm oxhnustive roport nipou this fimportant subjoct, baviug entored largely {uto ntatirtics, vato thu cxistence and enforcoment of Dullding laws in the Elfldrll clties of the country, ‘Tho very meager number of cities, as shown Ly that report, having proper lawa in thia reapect, [n not an eucouraging fuct or underwriters to consider, when wy are, ot tho mme time, aware of tho fllmwy con- Atruction of noarly all our busluces and manafastur- Eng builings, The pereentage of standazd Luildiogs —If indeed thero be, in all respects, o really standsrd Luilding o the country—fa hardly worth meation, With auch evidonco staring us fu the face, the wonder in, not that wo hase great fires, but thaf they aro ot more numarous and destructive, I sprears, therofore, o, your Committen hat the paramount duty ot onlyof indorwritern, but of every property-owner and citizen, 1% o move for reform in ihis matier, Nominally, but not really, underwriters, 23 & clasn, appear tobo tho most Intescated party ; and basing t consider anch reform aa ono of the vital queetions sffccting their busincss, and having an or- sization capablo of infusncing (bo dnal rault, (b0 uty naturally devolves upon them of taking the fuitlative, This niep in tho very practical menter tn which tho Tatlonal Bosrd Commliteo, bofore aluded to, did the Quly devolved on thom. ‘Thelr rport descrves not only your careful and utfentivo perus), Lut, thronghe your exertions, ahiouli e npread for the information of the people broadcast over the Jand,' The import- sut part of (o roport, after polatiny out deticle oics in almost ovary city, is tho suggestion of a rem- edy, which the “Committes made in the deacription of an_approximaiely smndard building, and aleo 2 form of w bullding law, for geaoral adoptions by elthar Htatd or lockl Governments. Tho requiro- ments for a standand bufldlns. and the provisions of tho proponed 1aw, ure fow and very simple, yet sufi- clently direet {or st pracical purposos ; bisldea this, thes aro ouly such sa will madly sugasat thewtclved to the careful srchitect, builder, or proporty-owner, a I\c‘.nfi absolutely necmnr{m‘n the construction of & safa and relisblo bullding, both for occupancy and againat the spread of fire, Your Committeoars fully aware of the prejudico peoplo geaenally ava apalast bulding (s well s other sumptuary) Iawe, and that thoy will regard such & aw as being i tho Intervat of tho underwriler and against thomeolves ; faling to consider that uot only Iarga firea, bat many ‘ones, couaume ©oenitago of value above that of the insuranc tho gxcuas of logs fall upon the community, in the abaoluta dostruction of ag much parporty, Waich, {n ‘many cuses, Is nevar roplaced. When wo oonnlder the moust utterly sunihilatod in the great Grea witlis 7 the past four Joars, it would scom ihat every ane stiould be keanly aliva (o some remedy for the curo of 4hid groat evil, If it were possiblo 10 obtaln one. The great Ioas of thla'very city of Chicago, where wo now meot, 18 not yet mads up; and it more $han yrabablo 14 will Tot be n this goneration, if sver, Your Commitics bave boon led ta helleve that & [Eieative for tha wholemla deatruction ot prapécty in pats, st foast, within the coutrol of the uuder- writer, and. \!.l-almm, by the sdoption of & staudard for citles, a8 well an' for buildings, and the mainte- nanceof s well-devised systom of achedulo rating, based upou such standsrd; Laving proper chares 107 do. ficlencles in the construction of esch. In tis wiy, not only will the characteristica of cities bo rained toa hiy {nr class, but the conatruction of buildiogs in sach ciflan will bo vastly Ioaproved, not st ibe. cxpense of e propsrty-ownor and In tho interest of the under. ‘writcr, but in the {ntoreat of the community at Lirge, 454 of the property-oner fn pardgalar, Tho com: Toupity will sequre » higber graga cf builalngs, sud tho owner & much lowor rate for inaurance, as Lo un. derwriter mach profers a riok in 8 standard clty, oo & stundard building, at & low rate. than oue in an Indif- fereut town, and on 8 poor buikdtng, at high rate. Tiy tuus Lolding out to tho property-owner the fo- Qucoment of & reduiced rate, (0 payment for his fme proved risk, or a chargo for' dedclouctes in ita con- struction, you sppeal $0 his most sensitive spot—ibo pocket—and Aro sure 10 mest with & favorable re- nse. A thorough and prominens underwritar has aid, “14ts uaeles to sppoal (o sa tndividual's love of bis city, and of the publio weal, to céuse him ta betantislly fmprove his buildings, for protection agalnst fire, from causes not entirely plain to bim; Uiia i trie'of the majority: 1t is equally true of tho entirety that If You can show them where to sase mioney whilo beofiting themslvoa, they will do ‘we sli gofor the groat American dollar ; 'snd the ke; 10 wany a nan’s sitentlon is found in his pocket” Thue atdition of & proper chargo for socupsney and exposure, will have s tendency to causo the removal & Dazardous occupanta; snd spocially liarardous riaks, 10 8 #afo distance from ihie busiveas part of s city, ‘When (ke standsrd sud schedulo was sdbpted {n Now York {2 Jastary, 1473, tho averagorate on busi- Dees Tisks was 1uade ‘aboul 1 per cout, The applica Hion of e tow ayatem reducod some Fates &nd Talbed many ottiers, The advince lod not only property~ owuers, but underwriters, to inquira futo the ressotis why, Tho latie; Luvsstigaion, ad tns s H more accurste requi new ton:, woro mado awars of tho Lazards they hsd jusus sgeinst, and the dangers they bad been exposed to, reatized that *only a ¥ind sud speclal Providunce had thus far bwon walchul sad prosarved them from » calamity,® . “Tho etplanations given (o owners and ocdupants fed to » recognition ot proposed improvementa aud to unexpeciodly satisfaclory feaults, During the first i wonthe na loas than forty-five Mansard roofs were Tumoved, meny balchwaye ware closed up, and ather cluges "of varlous kinds (fo_couform aa nearly as panible to the standard) were made, lnvolving sn orpenditure of nearly a quarter of a million of dols inrs, The oftice of the Superintendsnt, a4 bo saj bocma the cuutre of attraction for both owners n occupants of bulldings, who wors dosirous of kuowing bow tlelr rlsks could be Lnproved, mada more seaurs, and ther ratos teducsd. ‘The aphlication for rosurs Yeys and reductions were almcat eyoud (ha capacity of 'the Liureau, Persons sbout o nrecs mow bulldiug Were also luguiriug for Informstion and suggestion which were followed (2 most cases by substastiat (m. provements. Luring the drst twelva monthe more ihan 2,50 surveys wero wmade, reaulting {n poaitive funprovounenis 15 tha tisks and 'the ato of tuaurance wua,outhie iverae, uryely raduood, “Tlo Gollowing iwaive montha showed Like matisfactury resuits ob- talged; ueatly 1,000 surveye produced substantis! chatges, and 8 correapouding Feduetiou i the rate, hicli lind nOW rochod an aversge of stout 88 cents, or & reduction of 12 por cout in iktls over two Yoars, ‘When we consider that somathing over §7.00.000 18 tho smoutit of premiuma annuslly paid In Now York City for lsurauce, this peroentage of reduction is & siroug commenlary upon 1he Ususl moda of bulldiog, itd Gugbt t0 bo sn Inducement for tha property- owasr (Bere tofmprave Lia riak, because bo scourca the reduction, ot for one year aloue, but for future geara; henco sty aum glicod In euch {mproteniuate . v(lllnm‘l. ho rate for lusurance will be s paying Inveutmen Now York City haa probably the most elaborate bulidiug ivw now o fosce 3, 41y ity ta the country. 1¢ has been, sud “'“‘"A‘ 0, 4 do of i - wrlicra; aid Lsa bees hold up, with good cause, & & model, 1 cont many yaars of dilgeat study aud labor 1o perfect, and pasa It to & law ; bt with adl ita excell- eucics, aid machinery for_eoforcament, with ihe whelo' faflucos af the uudsrwrils o back it the Meord falln to ahow that, during the time it Las been In forea, sny such sulwtantial resulla from ita apers- Uun &4 Navo been galned by the practica «f schedulo TaUng during tho short period, comparatively, the Pynlant Lian been applind. Thn reanlta obtained (o New York aro not the only once, Hizflar statistics can be gatbered from soveral giher citin whera the ame ayaiem of rating 18 prac- steed, aud sour Committes foel warranted in masing, f1om information airssdy st hand, $hat the nuruber of Luflifuge improved, t0 8 greater 'or lena degres, In thets citien under tho Influence of this eystem is fully £3 frest, 1o propartion, s bas heen sbown in New York, witla tie agireqalo will reach many thousanda The reductinn in rate for inturanca will shomw a liko sverago result, Wheraver thin ssatein han boen fol~ lownd, the rolid reaulta indicated bavn boen nccured ¥ithodt dificulty, ludeed, the sutatantial reconstruce Uon of buildings in thia cily, in sk thick walls, prop. {oly ledand at cach oty irbn alutiors, Wowmticn of Mavaard roofa or wooden coruices, an comparod with thoss deatroyed by the grest ire, At All, bu a great mavmse, duo to thir aystem of Tating, Tha schednion now in use may uot ba stmolutely rfoct, but it in only by thetr constant application st ilio defects aro shown, aud wo thall Le abls to remove them. ok i Auch progress fan bo mads in tlie few yoar the aystetn has boon practicod, what may e not liope for 1n the future 7 With this experiouce beforo ua (he teat of the merits of tho twn modes Liaviug been falr one), aud conie oudig all that sy bo claimed fn favor of statutory bullding lawa, the fesulta alrcady attaitied have Srmly ennvinced your Comnilttee that, connidessd fndepen~ dently, grrater roaulls can Lo attatned by a wels derised aviom of roheduls rating than by a bullding Iaw, however stringent fta provisiune: coupled fo- getber, oto strongtliens the other, nchedule rating Ieromea an eMcient rxecutor of tho law, sud tle Lntiding Isw upbolds aud mrengthens schodile Ou motfon of Mr, €. If, Ch celved pribliahed. The Hecretary stated that the Committes on 8pon- taneons Combustion wanted wore Unie W prepara thelr paper, and on motion the time was fixed fos the last half-hour of toe moruing ecasion, ADILBTERS, Tho refort of the Commitico on the Adjuster wan as then read Ly Mr. Wilon. The report bégen by prominiug that tiers was an ‘unfavorablo opinion car- Teut agalnet sdjusters, They wero genmerally spoken of 82 men who were ehgaged by Insurauce companicn on_scoount of thetr soflity and williughess ta do dinty worl,~men who wers expected to plunder hoaeat * clalmants for tochnical causes, Thelr coming after a fm wan locked for with dresd 6341 ther were men whoso functions ware & d ordered to croza between those of the policoman and the pirats. To what extent that feeling on tho part of tie publia towards tbe profession was descrved,—that was left for the Board fo detorsulne. That thero Ll buen Tosnea treated with hasts sud under suepicious circum- #tancen with Larshnest, was erideat to sll, but ot tn the extent mplied (o the genersl ceusure ] not waald tho time ever coma when the adjuster would cscare such untriendly criticism, He could pever Lops to please all. The public looked for on jdeal adjuster, one ho ehould never suspect a fraud when ¢ did not ex- st ; who way able to disentangle atl complicationn, din. tinguish between tho thmgn that were from what tiey secinod to be. 1n dlsmiening tho 13eal sa)astor, thero were some thmgy of the practical sort yet (o bo sttained. Firat, it should Ls frankly samitiod that thora was a ten: gency in business to harden one's scasibilitiea, It wua known what good grounds thero were for loslig faith in men. That soms good mea who could not bear misforvine would rerort o crime, fthe older members of the professlon had scen with such frequency s to put them on vigllant fusrd agaicat ovory claim, 1t wa atural, therefor that the superior element became very active. Lu thoy were men Lefore they wero adunter, They owed 1810 themselves not to be misunderstood. Brainanot marblo were tho staples of the sdjusler, aud bruius worth poying for_wero more geneimlly fouud with blood inan with marble, The adjuster should Lun man familiar with xll structures, all morchandise, all machinery, all products, snd &)l valges, A full coiren in clvil enginearing, architecture, and natural sciene, with an_apprentioeahip served to csch trade or mo~ chunical szt and a profensional knowledgo of pura art, could not be too much o qualify he juater for the ‘varying demands upon him, To this should b addnd & practical knowlodge, habut, aad wiago of mercantilo business, Hociets had & rigbt to coneider the adjuster bound Iu thees reapects, snd when lenieney aud mescy pleadod_ntrougly, fhey should remember mocloty's clalm, snd_be exccodingly earofal lent, under tho pro- tenco’ of forgiving & musiake, & crime’ should be on- caursged. THD NATIONAL ROARD, On motton of Mr. B, J. §mith, & committee, cone sisting of M, Ji. J. Smith, Mr. T, K. Lin T, C, Royco, was sppointed 10 wait ‘upon TBosrd and fatroduce them to the Convention. ‘Aftar ehort recees, the Prozldent statod “that the Natlonal Board Commitles detired ot 1o Lo ealled pou to Apoak, s thoy desird Arat 10 hesr what the Cavontion bad to eay beforo expressing viowa of their own, Mr. 1L 7. 8mith then introduoed tho Natfonal Board 10 the Convention in a fow wolis. Preaident Marshall asid that in bebalf of the Con- voutfon he would welcome tho represcatatives of the Natlonal Board. 1fe hoped that before the Conven- tion sdjourned the members might listen to soma practical suggestions from the gentlomen whose ex- rience sud Xnowledge of nndersTiting waa widely awn. BTATISTICR. Mr. 7. P, Vance, of Ohig, {rom the Commities on Blatistics, made i ntercsting report, which shiowsd the business of the dusurance companies of the North west quring the yoars 1872, 187, and 1674, 38 follows 3 10, STATE CANK COSPARIER, Rusks writien, Premiume, Losses pafd. $168,404,200 91,5K0013 SHEMER ) L MEUBON 174561 ATE MUTUAL COMPANIES, Riska wntten. Arsersinen's. Toues, 10,433,680 3 3 0.009 15,780,861 93,151 L BB y2404 OTAER STATL AND FOREIGK COMPANIER, Riska writtn. _Premiuma, Lostes, QI5ILWL $1,946,005 § T340 THOAM018 23001 1,000 L 18,800,007 250 981,003 . RENTUCKT. STATE COMTANTES, Ruls wnlten, I'remjume, Losses, 1872, .$ 20,202,000 § 115,238 § 52,776 1873, v 8100600 Dk, 1 6L446 WL 18,777,408 2N st OTHES STATE AND FORKIGN COMPANTES, Riaks eeriiten, Promjuma, Losses, 1872, \3 5,180,602 § E5R400 § 413,006 WL 2 65,508 907,081 436,311 1874, T GRT0RY 1,018,857 uBTT MICHIGAN, TATE CASR_COMPANIEL. Risks wntten, Premwma, Losss. $ 1438146 § 18TNI1 100,578 14,060,368 7 71,618 L 15,1600 9,143 CATE MOTUAL 00X Risks wrtes, Asseaements, Losses, 831856 § 10,119 § 104,056 (07,388 113,650 95,923 260,48 138,678 109,850 ETATE AXD FOREION COMPANIEA, isks wristen, Fremwumna, Losses, LSID,I06H0° SLTONT $1,003,500 CHLUSM W00 LT R TN TERT I KTt ) wLINOLs. FTATE COMPANIXS, 0ce Tremiume, Loasss paid. L$ 43145888 8 830383 8 134,073 L ST 804,158 1WT,MT oo BB0SIETY 99,721 Pk OTHIR STATE AND FOREIGN COMPANIES, Ruks wrilten, Premiuma, Loases, SILMOTI0 B4,TIITL §387,608 UL 4,950,808 LILEGL LLUIR4TENE 5,007,800 3,743,788 MINNESOTA. BTATE CARN COMPANIRY, 150,088 0,300 4,550,408 107,865 ATE KUTUAL COMPANI, Riske wnitlen. Assessments. Losses, W§ ASHY00 T 4000 § loask U Beise00 6510 35,013 L 11,880,040 iy 5,001 ‘GTUER WIATE AND YORKIGN COMPANIES, Rukeuniten, Prevuwma, Loser, -3 30,608,600 8 061683 $ 341,170 TN @Lest - asswin 40,880,040 X T WIBCONBIX, FTATE GAalt COMFANTES. Rteke writien, Premiusns, Losses patd. 1873 $ 1750664 $ 2043 § &,516 2,374,028 0, BrAt + 17,918,000 260,188 105,352 MUTUAL QOMPANIRS, - Premiums and ‘Riskswntun,” aasamenia, Losss, § 25,204,801 § 308,594 § 20095 28,441,818 409,384 204,703 35,283,467 430,857 220,241 ATE AND JORKION COMPANTES. Ruke wriien, Premiums, Losssa. 1812 99,015,911 o0, 154 112,650,243 683,473 100,201,653 625,999 10WA. ¥TaTE COMPANIES. Riska written, Prenaums, Lowser, 13,919,478 351, 50,010 AT 2 101,430 L 19,545,199 b 208,920 ‘OTHXD $TATH AXD FORBIGN COMPANIES. ks worliten, Pramiuiss, Nok roported.’ §1,029,102 Netraoried: aseet $31,319, 465 1,230,149 KANEAS, STATE GOMPANIES, Risks writlen, Premiume, Losss poid, 8 1,002,304 07 3 10 R - L onpe 1,496,287 23,2:4 1302 Rm:' AxD yoxziox coursimo, o erattan, Frompuns, . 3 L0 8 Bl 2 10 w18 NeBEASEA. OTREN ETATE aND FOAKIGN COMPANIZS, Rraks serstten, Fremiuma. Zowan eoreerned B426100 § 1SLBE § 8L05 wid L 881,607 e 36,804 Indixsa la not reportad, Mr, Chase, Fresident of ihe Hartford and Vicee DProeidgat of the National Joany, rupliod in bebalf of e sty They e pleated o w 10 ATEO & fatbering a¢ this Conventicn, proring that the intos- Anco men of the Wert were alive o theie presont (pe tercatn and tie futiire welfare of their proession, U inritsion, e, Cbare tho bk Kia 3t @1 tho Pistform, sud the Canventlon reautiod ita o dez of buigens, PHE ' Botretary read the roport of the Commilice on preparing suiiable remarka upon the deoth uf WELLA M. FORDES, pramicent membar, u follown: Binco our last meeting, Wells 30, Forties tisn heen removed from us, Thors'ta nok & member of thia Ax eaciation but recelved the sad intelligence with grivt, Atour lut meeting o was pronent with us, king & prominent part, and hoone gave Resater promize of long life, “Only & faw aliort daya, and b ia na more. Hin deatt ia the first which we have beeny callod npon tomourn. The bLrightest flowsr 8 1bs firsk 40 bo gathered, Educated a lawser, Lie was prepared to septro Lo s high position, and hie gave pbromise of realizing 1is bighest oxpectation, Prom Lis Srut engagemont in tho professiun, bia natural qualifications gave him promiss, and (o' an unusually brief perdod be s roadily acquired & knowledge of his husiness 4 to ate tain & leading porition in his nphiere, He rawle ricurs f all with whom he was brought in contact, and by Ieading & circumapoct and uprigt Jife he command- o tho ponpect and gonfidence of All. Thoraforn, bo It Jtesolvd, Pirat—TLa in {he desthicf Wolin S, Forben e havo loet one of our noat belovéd and useul ziei- Secand—Thiat we deoply eympathise with the family and frienda in tneir adiichon. Third~—Tliot there resolutiona be pristed, and n (n;‘:\y forwarded by the Becretary to his bereaved widaw, TUE CONMITTEE ON AGRNCY SUPERTISION presented a lengthy and rather fntricats report, in no way interesting 1o Tho geuersl resder, howorer much 01 gentlomen engaged in the insuranca busipess. Tt particularly dwelt upon the necensity of mutusi confidenca Letween agents and thelr principals, s, $acking this, tha husiness @ow be Impeded, sud dive aatrous reaults moat inevitably follow, BPONTANEOTS COMDUSTION. r, €, 11, Case, from the Comimitteo on Apontaneous Combustlon, presented a lengihy report, 1o asid ttat Ho would not attempt to apeak froni a sciectia: stagd- polnt, Sponlsneous combustiou mas be defined as combustion set up between two of more boics ut con: MO tetuperatury, of st a tempetaturs too low for ig. Dition withont the appiication of artificial heat, or thio power of inherent imitiou without tho contant of anoiher submlance or body that i already fzaited, Woen you apgly a lighted ‘match to & taper, you bring a0 ipnited Lody in_contact with another body which s & lower temparature, and by contact the second Yody i raired io M emperstire to the jgnitable poit. Combustion may bv carried oo a Wuch Jower temperature than kuition. The amual bodiea tymiting arccarbon, ozyzen, and hydrogen, Bomewmes two bodlen will Lot unite by sheumical nction until » third body by its_actite prefunce canses e two bodies $0 unite. Yor lnmtance, bring oxygen and bydrogen_togeihor in ke preacnca of ayougy platinum aud they burs furjously, Bpontansous comb arino from the follotr. 1ng caunce ; Cherical sction: catalytic forco: formeuc wtion; best caused by fores arrested. Undertho Orat class come all mubstances that bavo power of atsorption of oiygen, Under the second clasn,— develuping bost by cataiptlc farce—-wa conaider ihe Practice of mizing ous, Lvery basrel of oii not laloled aud marked such per cent lard.oll and such Por cunt petruleum will guito st such & femperature, should Le confacated. When wo consider that many of thean lubricators wii} 1gnito sl » temperature only & Iite above summer-heat, we oo the perilof using thiom iu fantrusuing machlvery. Under tho hesd of furmentation comes such insances as damp hay or straw, pilos of wanure, damp oat-meal, bran, of dour. Tho denser the atmonphiore tho more oXyfun 1n i § heuce, a toreh witl burn brightor u a valiey than on s mouniain. Under o fust Lead wo consder thore substances that neod sowmo heat ihat s developed br forco tn ceuse (hem to unlte, or burs, vr explode, Nitroglycerino {n nothing but_glscertne freated with witic oud svipbunc aeid. It may bo 1ured out on tho fivor, sud cannol easily be igmitod with o malch, set ft {5 not & very safe srifclo to ba 1ylng atound Joose, The speaker notod the cffocta af thw construction uf oiber chemicals, o was fod by obrervation to concludo that eloctricily wan » fruitful ‘causs of tes, where ita presence i ot expocted. Ho cited & nuinbor of casca of spontateoun combustion, aud cloned with an exhibition of the powers of certoln chemicals tn ignite when brought n contact with esch otlies, Thosaperiments werv very iniercsting, and were attentively watchod by the Conventio. The Conveution then aajourned unti 3 o'clock, TR FIUN PATROL. At balf-past 2 o'clock the Asocistion sttended the exbibitiun of tha Fire-Fatrol, upon thejnvitation of the officials of the Pire Department, Tuo drill took plsce on the cornez of Mouroo and LeHalle sirects, The members of the Patsol appoared in thelr respective uniforms, sud wern deilled {n the prevence of » Large crowd of ipactators. _Thauos procerding to the Patrol Hesdnuarters, No, 113 F.aoklin_ strect, a farther re- Tiew wes uld, and Capt. Duilwiukle was (atroduced ta {ho membors 'of the Astaciatiun by Ge. Asthur O, acat, AFTERNOON SESSION. BUPERVISING AGENTE, Tho Convention was called to order at Lalf- past 3 o'clock. Mr. Hoywood preseoted s brief roport upon the nubject of supervising agents, Insurauce, like every bnsiness, requires caroful supervision to insure guccess ; Lenco the nocossity of supor- vising agents. Tho firet essential in ono of thase agonts is upright and downright hoposty, Ho also wants o good pair of logs, good eyos, and good common senso,—those standing for faithfulness, hard work, and quick observation, Tho model supervising agent will look outsido the hazards that may numediately concorn lus 00 company, 10860 1ho damagen that throaton a general condagration, and often, by timely and ‘seusibis nidvice, b tuay 'do much to_seciro such pro- tection as will avert disasier, 1lo is tho ropresonta. tvoof ompany, and, as ho is inteligent and of 800d deportment, 80 iu proportion will people como 1o Tegard tho Company bo reprosents. "THE CONMITTES, ON FINE PATRO, #0d Property-Saving st Firos reporied through Mr, Ducat. The report staled, first, that the runaing ex- Tanse of the Chicigo Tatrol last year was $20,501.51, Becond, the cost of crganizing Putrol No, 2 {n not to oxpeed 18,000, aud it {8 to bo run st a ‘monthly ‘expense not to excesd $100, making annual Axjxnise of $8,400, This company fa Al of act copy of Company No, 1, and 1 mantod aa ful- Jows : Captain, é tnen co the permancot fores, and 3 suxillary mep, The equipmett consista of 1 wagon, 3 Rorsok. 0 covers, 3 roof-covers, 4 fire-extingulshers, 4 $-foot lsdders, 1 sledge, 2 azes, 1 pike-pals, 1 spear, 4 ells, containing hammer and nalis, and I with shoatb- Xuifo and screw-wrench, 3 spanners, 1 boz extrs charges Jor Arc-extinguidiers,—weight of the wholo to be about 3,000 pounds, rusking loss thao half tho ‘weight of wagon No, 1, thus giving it the advautage of Fapid e on 1ho rosd 1o firee, tneroby gaining thot Brat minuto wo slrive so hard o anuihilate, A single wagon, with bos with ten In ressrve, two fire-extioguishers, with Ten of o pquipment necded, would cosl, 34 nearly 1 Could bo Approrimated. $9,000, | As to e salary of i men, it woiild depend on’ what was paid fo iho Piro DD&I\"E‘B( 1 the place where the cormpany wua and as $o the number of men required, it woul) pend ou the aizo Of stock carried. Yollowing is » synopaia of the work of the Fire Fairol frum el % 181, (0 Bept, 20, 1¥76: Fires extiuguished, F4; lue muratice on same, $9,006,816,68%; ; losscs patd by com- units, $4,343,500° ' covers apread by Batrol, $1,9%03 Blvars ot eirvice reudered, es3 urv, THL COMMITTEE ON CONDITIONS AND COVENANTY of Yolicioa reported through Becretary Difven Wiat the form of Are-lnsurance policy tiow i general use 4a defective in many particulars, 1t has been built up by patchwork 1o accommodato Jactf 10 ke ehifting cunditions aud practices of the bieincss and the mul- Hplying decuions of the courts, and la cumposed of a8 many pleces a8 was Josrph's coat,~several of ita rovisions being without hannony of tobercuce, T Eomluma do not undertake to entmerato sl the deficloncies of the ordipary form of policy,—only such as moat forcibly suggest thuiumelves, The first 1a 10 the conatderaiion. At ibo outses ihe policy dily seknowledgos thu rocelpt of the premium; sube sequently, and ia Auotlier clauss, it dcclaros Hat the Oompany Wil nob bo iabie untii 1y promium has beeu actuslly paid. It1s probabis shal this fatter clause waa juverted aftar too practico of delfvering un- ald policies and doluy the Lusiness on ihirty {or more) daye’ time bxd lecome geueral, and mith \he iew of protoctiog the Companica againat ihe periie of ihat practice; but the Comtittes bavu yet 1o learn {has [t has over so protocted thei, or that the nitial Tecalpt 1o Bok biuding vpon the inaurer, ‘Neither 100 $here 8] Pear 10 be any clauas Nimiting tno Lability of the underwriler tohe interest of tlo ipvured tu tho property wmentionsd, nor any vriterion by which the cesh value of the property, fu casu of 1oas, ta to ba doterniuod, which ahiould bo 4 ita sctual caaly value tmmediatoly preceding (he firu,” "Anotber defoct In the policy (s the absence of | ropet aotideation st waonta Lave o suthority a wuy way o id tho Comyanye-stoept atrlolly o accorianco with the terma, conditions, requirementa, and Hmia tions of the policy, which, eing & pars of the cousid- arstion for the insirauce, cannvt porinit onlsrgement, Asollier quite tmportant malter 18 the amiséton 1 provide for apprajstra in case of damage to buldings ~—tha ouly provision for sppraisure being in case uf Qamage 1o parscnal property, 1tabjears 1o e Gomnittes a4 worthy of caretal conuiderstion—at loaat it prescatation st this tune will be & servios i€ 1t only avails Lo provoke and dircce discusalon—whether tha insursuco policy might ot profilably be, aud oughit not propesly tu be, trained ay ‘othor contracia are tramed and slguod by Lotk partind, tnsurer end insured, The abova reporta ware, on molion, received and or- dared 1o b published. COMMITTER ON NOMINATIONS, e Mr, Veruon moved fe appointment of & comri of v o Dominstions of olicers for Lia eusuing ear. '0R motion of Mr. I 3. Bt the Commites was e 10 conalst of one froiu each Biata. e Oty appoiutad tie followisss on the Commit- tou: Meaars, Veruon, of Michigau: Llulgett, of Poun sylvantag K. 3. Bwith, of Linole; Yages, ot Moa, of Minnwaots Lalleit, of Wiseonstn's Adamn of Obto; Gurry, of Kentucky; Walker, of Indiana Bpauiding, of Mlusoun; Whik, of Kausha; Harding] of Nebrasks. At the suggestion of the Chairman » pumber of Iadita'Vers si¥iikied 0 the hail dury Lhe delvery of MB. HINES' ADDBESS, This gentlaasn, the editor of We [ngw ence Monitar, - NUMBER 31, fpokn ut great longih, Mter string the thingy the munagor of an sgoncy, hemaid: ow: Tones word 10 #sy Lo Aganta Lirough yoti cancerning ratos, apoken from n standpolnt natural onovgh perhape b 307 one much taed Lo canniog Thatistion, bt ota waieh 1do pot remember o bavo seen ocouplad. 18 khowa ihat a larger proportion of the promium receipts And ita_way into the pockels of tha agents than into tha coffers of tho companiee, 1 taXe only reprosentative enmpanies,—old companion,—companion that by rensorn of tliei? cxtenaivo machinery sad wholosale operationt arornalilod to manage 1attors to the bost advaniage ta ihemacives, 302 save & margin whera younger o7 Yourer couipanlen oould not wsve. 1have complled 2 i\ Lalle {rom tho official reports of fourteen of this Teut prominont, whose Iabors liava extanded ovee I tlondof tmenty o aixty yents, and whose sggregated premiums nearly reach ‘the onormous amount of BEQUNIH=S Lasly a0 wide, R0 complet, {hat onn may. wiliout fear of orror, uaa it for the purposs of AYETage, Tooling that fow data for human calculations ateso well founded, T fnd that thows companien, from tho dats of their organization ta the dats of thalr 1ast ofticlal raporte, received 421,871,223 In yreminme, 204 returned $0A0 18,571 1n Jowres and oxponnes ; ro- tainlog but §24k51,822, or onty 4,10 per cent of the whola. Nearls ] yer cont woro paid hack, Now, sqenta’ commisnions on thls mies af pramium, at 15 per cent, would amount G $13,790,083, or moarly 0,000, ¥ thau the eonipanios kept. ven at the old rate of cowtalrinue, 10 por cent, the Vo $:2,147,122, or upuarls of $3,000,000 e companics retalont! Aud sa a ‘maktor of artusl fact—putting the pat ton years, durie which agents have had 13 per cant, sgainkt the amovny of hurinces dona by these companica ovar tholr colins tore, and on which they havo peld nn camminionael am entirely iniid the oark in awerting thit of ineir entire propuitim receifita, maching todday sbant $i,. 000,040, the agents live reteined $3,00,00 mors ‘money than the companies, Thia oxcens of tho amount of sgenta’ comminlons over tho amount ullimately realizod by the compaaii 18 dnterceting; but tho kreat instructive fact brought talight by theeo and all similar siatintical compiia tionn {n the extreme narrownesn of the proft margin, 11 the businesa of theje coropanies had been ncceptod gt an sverage rate ot promium, only 12 per cont balow liat ectuaily secured, tiers wouid not bo singla dol~ lax of all that eliofmouy miss of proralutns remaiuing in their tressurics. They would have handlod nix amount nearly equsl to tho wholé outstanding circolae tion of all the Nations) Ianks 1n thn United Btates, merely for what profit and_satisfaction there may-ba in handling ft. No penuy of the vast amoint wonld remnin teirn to-dayl 74 1a thogroat fostrictiva fact, and the lessona to by learned from it aro fo obvi- ous At It alinoat soems superiiuous o eaumorata ther. 0 'motlon of Mr, Bmikl, tho thanks of tha Conven- Hom were tendered o Me. Hincs for his addrens, sud {6 s ordored to o spread upon the recards aud prinked {n tho published report, PREBENTATION Mr. Dlodgntt, of Pennsyivanta, satd that ho destrod 1o attentiv of tho Conventlon ' for » fow moments, Tio then sterped forward, and in s geat apeoch pro- sented tho Becretary of iho Assocatinn, I, C, E. Liliven, withs wn elegaitt gold waich and chiain, Amid & tumult of npplanse, Atr. Blivon ross ta reply, Hemid that thero was 3 well-known phrase in tho Scripluren to tho effect (hat out of the mouth the beart bpeaketly, but 1u Lin cano 1o was ot & ready apeaker, and Lis vords would Lo totally {nadequate to vxpress his gralitude to the members of this Association for their heautiful gift, which wab a4 unexpected as nude perved, For Nix fart, it wsn mufliclent fo belong to Lix Association, aind ¥ ahare the labor and the benes~ cis) Tesulla of tlicae yeary gutherings, without auy re- ward. 3r. Marshiall, of Ollo, ovod that, an there was s great’doal of business yet befors tho Convention, when it ahould adjourn it adjourn to ment at 7240 o'cldck, Mesary. Osman, of Now York: J, C. Jaige, of AMes sachusetta; and' €, J. Baasett, of Conneclicuty wara. aded to the Committeo un Nominations, ‘The moeting then adjourned s EVENINC SESSION. QUALIFICATIONS OF OFFICIALS. Tho Associstion camo to order at 10 minutea to 8 a'clock lnat ovening, Presdent Marshall fn the chair. ‘Tho Becretary read a latter from Mr, 8. 8. D, Thompsou, of Pittaburg, Pa., Premidont of the Ameiican Insurance Company, relstive to the qualitications of insurance compauy oflicials, Ho thought thore ahould be & regular courso of oxamiuation, tho same 88 in other professions, because no business called for more thor- ough knowledge of its details than that of insuranco, Ho held that very many of tho fallura {hat” had befallen compaules wera due ta tlio lgnorance aud consequent, fucapactty of of- fcer, Jteferrea to the Executire Committco, 3r. George C, Clarke, of Chicagy, read & psper on PUBLIC OPIXION Ad REQARDED INSUBANCE. GOMPAs NiEs. Thoro was great fgnorance throughoat the country 83 regarded the insursnce inferest. In fact, this guorance was not consned fo the seslm of lne nursnce, but exteoded to sll Xinds of bustness, Leaides ignorance of tho busigess of insuranca, therd ‘wasa decp-seated prejudics i the publio mind sgainat the busiuess, Sowo people bLelloved that fnsuranco cowpanies were in lesguo ogalnet the publio for fho purpose of fleceing the purciissers of policivs, aud for piling on fresh raica, This was, fna groat imessure, due to tho vlecure form of policy, 80 losded down with exceptions, wany of which had bo- como olkolete, bt It puzzled men lared “fu ' the profeion to tall whetlier the pollcy-holder was insurod or not. The contract sliould hw made plain, all ambiguities cut out, aud framed 1n such a msntcr WAt ho who runa may read, Tho companies, {0 regiove the projudices of tha community, wust sot up s Ligh staudand of upright, fair dealing tu the oxecution of thelr contracis, - Bharp adjustoiots, tnged with dialionesty, must bo frowned upou—the ' “alvago st sl hazarde® motte muet bo abandoncd—ihe sdjuster who defrands & policyholder to the gain of the company must leasn 1hat this wes Lot countenauced ; and the community taught that the companics deairad & wide-apread Xuowledgo of tho subjoct of fnsurance ; that the com~ panles desieed the sasured should under- staud_overy word of tho coutract and eviry lne of thelr duty—dewirs that thoy shouid observo fulhfully and gulall every condition, aud that then, whon tho lossed occurred, this companiea should cary out their agrooments to o lotler—nut s & pirit of evusion, but in sccard~ ance with tho laws of commercisl honor, and in ac- cordance witb the Divioe law of justice.” Az, Clarke fuougut that 8 column ob insurance 1n cach of the rat Chicago dailten would lave & grost offect in en- iglitening tho publio mind as to the true nsture of in- stzance. Thow articles should bo written by men Jarnied 1n the bustncas, apd should be lghtened up 50 A 10 bu readable to the general public, Alr, Caroy read a long, techuicsl report on 4 LECENT DECISIONS P TILE COUBTS IN INSURANCH cases,” which showed how much the obsoure form of policy puzzled policy-hoklers, insurauce Liey, and tha Gourta themnelven, The genoral opinion of the Courts and of i profoaslon teuded oward slipltyiug tho cone tracts, 0 that theto could be no mistako as to what ey moant, Alr. Lumibard, from the Committoo on CAUSES OF CONFLAGBATIONS, Tesd & report which waa 8 roviow of all tho great fires, ruus tho burulug of Loma uger Neto to tis burning Of Gulikoats s otler places of I uote. Tho i €ayo firo of 1471 was tho champlou conflagration of Blstory, During tho last fiye years tho United Btates had suiferd & loss of $i60,000,000 because of fires, Thia wea on imwouss tribiute fur ony countey, iu o #hort & apace, 1o pay Lo tha * iro-flend.” A3 rogarded 0 causes of dre, wooden houses wore mera Kindling-wood, aud should bo entirely disoour- sged, Drick walls Wero geuerally doticlent fu thick- ness, and bouses of that materlsl wore oftun miser~ by coustructod. Irou shutiers stiould bo generally uaed, especially 1 exposd portious of cltes. Madly- butle’ flues, fll-cosiructed furnaces, carclossnesa s o lamps und geslights’ sl tiesa tended to lucroase fre-risks, sud 1t should be the duty of all property-owners to guszd agalost aceidents resulting from such causd. Lusurance agente should ba catoful fa their fuspections, and ree fuse to grant policies whoro avy orlibitlun of careless- Dot recklevscas, or fgnuranco was uiade, Thie quee tion of inceudiarism was alyo gono 1810 at some leugth, and the array of Ures caussl by the crime of arson appeared ta bo truly furiiduble,~in fact, the most @katit ovil againat which tho Lisuranos itorest bad lo_i ulflunll.r‘ Jerei o (e report was ordered privied, A Tupick va (b comguissation of local agents, which had Muiply 8 profesioual (biereat, was read by Me. Teetrey, after whichtho Assuclation sdjourned uut 10 o%clods this mornlog, 5 5 ELSEWHERE, .THE NEW YORK CONVENTION, YESTERDAY'S PROCEEDINUS. Naw Yous, Bopt, 23.—~Tho Natioval Insurance Convention resumoed Its session to-day, with Presidont Chapman prasi 1l Comniities reportod hisving srranged the prolimmnaries for a convention, to bo addressed on iusurauce topice by Mesars. Bryant, Deal, and othery. Commissioner Brwith, on belialf of the Oom- mittee on Logislation, suggostod the reading of the propased draft of jusuranco lawe submitted by thet Commite aud the Convaation, snd which had not bocn intorrupted when partially read tho other day. Thia was agreed to, and Mr. Smith completed its reading, The Toporh was lengihy, aud coutaied siziy-nine soctions, When he bad faished it resding, Mr. Silth moved Y the ruport be rafgrted back 10 the samo Commiite Lee, which was dout. Comumisufouer How tmoved that his resolution, offer ed yosterday, Rgsrding loaus 1o nsuratice cow paos, o laken from Yoo table aud reforred to the Comaltiod 08 Leyislation, which waa also adopted, Alr, Mammersly, of Hartford, delivared an address, in which ho said the object of 'an {usurancy cowpany * was 5O} $0 maXs tmouey {ur Ha stokbolders, bul b - derwrits end pay all its lossw, 30d pay 100 conts oo the dallar, of &5 whs possille, Oontimasionos Welsb, of Ksuses, rosd 8 popes sdvu